According to PANews, Origin Protocol has announced on the X platform that starting today, all protocol revenue will be used to repurchase OGN tokens on the open market. In addition to this, the organization plans to utilize over $3 million worth of DAO assets for further OGN buybacks. The buyback initiative is set to commence shortly.

On Jun 30, 2025, 14:54 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 107,000 USDT and is now trading at 106,930.398438 USDT, with a narrowed 0.91% decrease in 24 hours.

According to BlockBeats, BMNR shares have seen a significant increase, with the stock price rising by 440% to $23.04, marking a single-day gain of $18.78. Earlier today, BitMine announced the completion of a substantial private financing round, raising $250 million through the issuance of 55,555,556 shares at $4.50 each. BitMine plans to use the funds primarily to increase its holdings of Ethereum (ETH), aiming to establish it as a core reserve asset while continuing its main business of Bitcoin mining.

According to PANews, South Korean financial institutions are intensifying their efforts in the stablecoin market. IBK Industrial Bank and Shinhan Financial Group have recently filed applications for trademarks related to Korean won stablecoins, marking their entry into the competitive landscape of stablecoin issuance. IBK Industrial Bank submitted applications on June 27 for ten trademarks, including 'IBKKRW,' 'IBKRW,' and 'ONEIBK.' These trademarks are intended for use in areas such as 'stablecoin electronic transfer services' and 'blockchain-based digital financial asset management.' Similarly, Shinhan Financial Group applied for 21 stablecoin-related trademarks on June 26, including 'KRWSHB,' 'SFGKRW,' and 'SHKRW.' The applications cover services like 'cryptocurrency financial transaction business' and 'cryptocurrency brokerage business.' These moves highlight the growing interest and competition among South Korean banks in the stablecoin sector, as they seek to leverage blockchain technology for financial services.

OKX market data shows that BTC fell below 107,000 USDT and is now at 106,977.5 USDT, a 24-hour drop of 0.87%. (This newsletter is generated with the assistance of AI)

Odaily Planet Daily News: Fed President Bostic said he does not think it is necessary to raise interest rates to combat inflation. (Jinshi)

Trump family crypto project WLFI published a post on the X platform stating that the 24-hour trading volume of the stablecoin USD1 surpassed USDC, reaching a new high of US$3.37 billion, second only to USDT.

New board chair Tom Lee bets Ethereum will benefit most from an expected boom in stablecoin transactions, which will uplift BitMine's value. source: https://www.theblock.co/post/360322/bitmine-stock-surges-400-as-firm-eyes-250-million-raise-for-ethereum-treasury-in-bid-to-become-top-public-eth-holder?utm_source=rss&utm_medium=rss

Odaily Planet Daily News Origin Protocol posted on the X platform that from today, all protocol revenue will be used to repurchase OGN tokens on the open market. In addition, DAO assets worth more than $3 million will be used for additional OGN repurchases, and the repurchase action will be launched soon.

Big Ethereum holders are shrinking their balances while mid-sized wallets grow, signaling possible whale selling and potential downward pressure on ETH price. source: https://cointelegraph.com/news/ethereum-risks-falling-25-massive-whale-moves-237m-eth-to-exchanges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

This article introduces the revenue models of stablecoin participants such as Tether, Circle, PayPal, Walmart, JD.com, JPMorgan Chase, and Stripe.

Golden Finance launches "Golden Web3.0 Daily" to provide you with the latest and fastest MEME, DeFi, DAO, NFT and Metaverse industry news.

DeFi, protocol, not tracking hackers, public relations out of control: reviewing the whole story of the theft of $9.6 million from DeFi protocol Resupply Golden Finance, the first reaction after an incident often exposes the true color of a team.

Stablecoins are getting a lot of attention, and for good reason. Speculation aside, stablecoins are one of the few products in the cryptocurrency space that have a clear product-market fit (PMF).

Recommended readings tonight: 1. From hotel to BTC treasury enterprise, understand Metaplanet's transformation path; 2. Pantera partner: the era of AI robots driven by encryption; 3. Has the encryption industry reached a low point again? How should we face it? ;

Once the "U.S. stocks on-chain" scenario that Robinhood is targeting is successful, it may change the embarrassing situation of layer2 as an expansion solution of Ethereum layer1 that has "technology but no implementation."

Now the entire crypto community is facing a low period similar to that in 2018 or 2022, not only because of price issues, but also because of people’s doubts and hesitations about the industry.

As the much-anticipated third and final season of Netflix’s global sensation Squid Game premieres, the show’s creator, Hwang Dong-hyuk, is drawing striking parallels between his fictional ultra-wealthy VIPs and today’s most visible billionaires—most notably, Elon Musk.

Japanese firm Metaplanet bought 1,005 Bitcoin for $108 million, becoming one of the top corporate Bitcoin holders. The company plans to grow its Bitcoin holdings significantly by 2027, using interest-free bonds to fund purchases.

A Russian influencer known as “Bitmama” was sentenced to seven years in prison for scamming investors out of $23 million in a fake Bitcoin investment scheme. She promised to convert cash into crypto abroad but instead kept the money, and tried to flee before being arrested at the border.